Peter Foster was thrown in jail for Pyramid Schemes and the false advertising of Baylin Tea. Why are the media, politicians, and think tanks allowed to flood the zone with shit when advertisers can’t?
I do find it interesting that it’s Advance Australia has announced its opposition to any misinformation laws. After all, they were heavily involved in the “No” campaign misinformation while their IDs were hidden. Why was that?
The big problem with misinformation laws is quite simple: Who decides what’s misinformation? We don’t seem to see one with advertising do we?
Of course this doesn’t mean that no company has ever engaged in insider trading or tried to mislead the public; it simply means that if they’re found to be doing that, then there are legal consequences.
The point is that if we can have laws that prevent companies from peddling misinformation to the ASX, why is it such a threat to hold political entities to the same standards?
olddogthoughts 